Inpute have published a case study detailing how our Procure to Pay (P2P) Solution has driven huge efficiencies in a client’s Shared Services centre.
A wholesale distributor employing over 2,000 people is headquartered in Ireland with operations across Europe. The company receives upwards of 4,000 invoices every month. These vary widely in both format and layout, and arrive in haphazardly from multiple locations.
Previously all the invoices were channelled into the shared services centre, then distributed out to the individual authorisers, then attempted to get them back. It was all paper, all large volume and very, very time consuming.
Different categories of invoices were tracked on different systems and spreadsheets, some of which were integrated with the accounts package, and some of which were not. The challenge came from trying to tie all that together.
Inpute designed and implemented a centralised Procure to Pay (P2P) solution that transformed processes at the company.
The combination of centralisation and the introduction of digital workflows to handle invoice authorisation has delivered huge resource savings and given the company a much tighter level of control over a vital business process.
View the case study in full here.